US Economy Remains Healthy Despite Industrial Slump
AP News reports total industrial output eased from August peak due to GM and Ford plant shutdowns and Hurricane Carla disruptions. October auto sales rebound offers hope to recover lost production, while consumer goods and materials rise, painting a generally strong economy with cautious consumer spending ahead of Christmas.
MENTIONED IN THIS ARTICLE
Dawson
AP Business News
NEW York
General Motors
Ford
Carla
Berlin
Christ In Steel
New Surplus Problem Is Under Study
Washington officials report new farm surplus problems as wheat dairy and livestock production shift under federal programs and weather. Milk output grows faster than demand while turkey and broiler production rise prompting calls for government aid. A drought could worsen cattle markets and trigger meat gluts amid broader economic temper.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Turkey
1 610 000 Acres Of Peanuts Okayed
Washington AP The Agriculture Department sets the 1962 peanut planting allotment at 1 610 000 acres the legal minimum, 2 427 acres less than this year. The crop will be grown and sold under federal marketing quotas with penalties for excess sales, designed to prevent overproduction.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Argo Oil to Sell Out to Atlantic Refining Co
Denver AP reports Argo Oil Corp directors approved a plan to sell most of its oil and gas properties to Atlantic Refining Co in a deal valued at about 150 million dollars. President Gilbert Mueller indicated the sale would include holdings across 17 western and southern states with remaining shares in other firms.
MENTIONED IN THIS ARTICLE
Denver
Argo
Argo Oil Corp
of Refining Co
Gilbert
Mueller
New Fashion Cone Look Shapes Spring Collection
New York fashion designer Edward Abbott unveils a space cone inspired collection featuring high bust lines and wide shoulders. Dresses emphasize covered silhouettes with choker necks and elbow sleeves, while back details and five minute lacing add dramatic touches alongside beads embroidery fringe and bright sashes.
MENTIONED IN THIS ARTICLE
NEW York
Abbott
Thorette
Jackie Kennedy
Deserted Safe Desert Shelter Advice From Nobel Chemist
Nobel chemist Willard Libby told the National Civil Defense Council that a desert offers a safer spot from long range fallout due to minimal rainfall. He warned shelters do not guard against long range radiation but protect against local fallout and urged immediate construction. He also urged households to own radiation meters.
MENTIONED IN THIS ARTICLE
Los Angeles
Willard F ““Ibby
National Civil Defense Council
Lib
Western Airlines buys three Boeing jets for Mexico City route
Western Airlines has bought three Boeing 737s for use on its Mexico City to Los Angeles service. The purchase signals expansion of trans-Pacific sounding routes via shared jet technology.
MENTIONED IN THIS ARTICLE
Mexico City
Western Airlines
Los Angeles
Gene’s HI IM Center Direct Factory Distributor
Gene's HI IM Center offers direct factory distribution for high end sound equipment. It promises wholesale catalog pricing, discounts, and service plus savings.
MENTIONED IN THIS ARTICLE
Gene
Hi-Im Center
Also Mentioned on This Page
IW Blemas OY
Tanabe Mienl
Morgan Guaranty Trust Co
Val
Lan
E. Johnson
New York Stock Exchange
Carla May
Atlantic Refining
State Farm
Texas
John D. Mitchell
Clem
Philco
Kovar
Argo Oil
Atlantic
Penney's
Coops
Grove
Imple
Norpole
Parkas
Silzes
Crionit
Penney
Orion
Camel
Town
Bamboo
Mors
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